Avid Bioservices Inc (CDMO)

[eastcoastguy]

N40K, If I had to guess I would say Lonza Biologics. Lonza is actually a Swiss co but has headquarters in NJ. PPHM has history with Lonza.

From what I can see Lonza has no production facilities on the west coast. Dr. Lias was formally with Lonza through an acquisition.

We know SK tried to "offer up" AVID to RONIN. If that was SK's thought process in early 2017 then it is not a stretch to say he's interested in moving AVID to fund the R&D part of the company.

Again a WAG, but why not bring in a Lias type who has business development/ consulting into the fold as a move to build up AVID for sale. Lonza produces therapeutic MABS so many not such a stretch of imagination.

On another matter I'm waiting to see RONIN's next move. I expect to hear some commentary regarding the current BOD move to counter them.

be well all,
eastcoastguy